29 Quotes by Patrick M. Byrne
- Author Patrick M. Byrne
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The virtues of the blockchain is that it would be that it's peer-to-peer settlement - no centralized settlement, no manipulation... And most importantly, there's nothing to capture. It's consensus based. It's stateless.
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- Author Patrick M. Byrne
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I've been all over meeting government ministers and such in Caribbean financial circles. There's a small blockchain movement in the Caribbean. They've been quite a bit more advanced than you might've imagined.
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- Author Patrick M. Byrne
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When we look at government in Washington or what's happening on Wall Street, we see so much centralization. But really, our goals should be to eliminate and overcome these central institutions. And in recent years we have gained powerful new tools to do this, and most significant among those is the block chain, which is the software behind Bitcoin.
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- Author Patrick M. Byrne
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There are dodgy characters in Bitcoin. But there are dodgy characters in cash, too.
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- Author Patrick M. Byrne
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Right now, you've got three days between a trade and a settlement, with hundreds of millions in settlement risk tied up in that time. That all goes away in a blockchain system because you've reunited the trade with the settlement. They're not two separate processes.
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- Author Patrick M. Byrne
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Over the next decade, there will be disruption as significant as the Internet was for publishing, where blockchain is going to disrupt dozens of industries, one being capital markets and Wall Street.
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- Author Patrick M. Byrne
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t0 is blockchain-agnostic so, ultimately, we can use anybody's blockchain.
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- Author Patrick M. Byrne
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I've been in a room in Silicon Valley where on the wall they have 160 industries they think blockchain can disrupt. We picked six of them to focus on.
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- Author Patrick M. Byrne
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I'm not in the business of bayoneting the wounded. I feel the blockchain revolution is kind of my victory. I don't care whether I win it, someone else wins it.
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